Noble Wealth Management PBC Makes New $274,000 Investment in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Noble Wealth Management PBC acquired a new stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 24,848 shares of the investment management company’s stock, valued at approximately $274,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Larson Financial Group LLC lifted its stake in shares of BlackRock MuniYield Quality Fund III by 238.1% in the 3rd quarter. Larson Financial Group LLC now owns 6,085 shares of the investment management company’s stock valued at $73,000 after purchasing an additional 4,285 shares in the last quarter. Icon Wealth Advisors LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III in the 3rd quarter valued at about $104,000. Cresta Advisors Ltd. acquired a new position in shares of BlackRock MuniYield Quality Fund III in the 3rd quarter valued at about $204,000. Pathway Financial Advisers LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at about $211,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at about $266,000. 34.01% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Stock Up 0.7 %

NYSE MYI opened at $11.28 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a 1-year low of $10.83 and a 1-year high of $12.07. The business’s 50-day simple moving average is $11.10 and its 200-day simple moving average is $11.41.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.0555 dividend. This represents a $0.67 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock MuniYield Quality Fund III Profile

BlackRock MuniYield Quality Fund III, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment-grade municipal obligations exempt from federal income taxes.